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Prize money increased for Australian Open

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Players who lose in the early rounds of the Australian Open will see significant more money this year, according to the released purse breakdown.

By listening to player requests, Tennis Australia avoided a boycott of the sport's opening grand slam.

First-round losers will earn $27,600, a 32.7 percent hike from 2012; second-round losers will receive $45,500, up 36.6 percent, and those who bow out in the third-round will get $71,000, or 30 percent more.

The 2013 singles champions will collect $2.43 million.

Prize money for the fourth round, quarter-finals and semifinals has also increased by an average of 14 percent.

Top players Roger Federer, Novak Djokovic and Andy Murray were instrumental in the player increases.

Tennis Australia tournament director Craig Tiley felt this was a solid compromise.

"Our motivation is to make a major contribution toward helping ensure professional tennis players can make a decent living," Tiley said. "As we have said in the past, it is a real issue and needs to be urgently addressed throughout the sport."
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